Medical Insurance Specialist Degree from Central Arizona College Return on Investment

See what the return on investment is for jobs that someone with a Medical Insurance Specialist degree from Central Arizona College is likely to work in.

F D C B A
Approximate Total Payment $51,252
Approximate Total Interest $14,506
Monthly Payment $355.92
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in medical insurance specialist from central arizona college

Medical records specialists

Projection Rating: A-

Median Annual Wage: $48,780

Percentage of Paycheck to Repay: 8.76%-6.52%

Employment Change: 16.7%

Entry-Level Education: Postsecondary nondegree award

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The Medical Insurance Specialist Degree from Central Arizona College offers an exceptional return on investment (ROI) for students seeking a rewarding career in the healthcare industry. With the growing demand for skilled professionals in medical billing and coding, this degree equips graduates with the knowledge and practical skills required to excel in various healthcare settings.

Investing in your education is a significant decision, and Central Arizona College understands the importance of delivering value. The curriculum is designed to provide a comprehensive understanding of medical insurance processes, coding procedures, and billing practices. By gaining expertise in these areas, graduates can enhance their employability and open doors to numerous job opportunities.

One of the key advantages of the Medical Insurance Specialist Degree is its affordability. Central Arizona College offers competitive tuition rates, making it accessible for a wide range of students. Furthermore, financial aid options, including scholarships and grants, are available to help reduce the overall cost of education, ensuring that students can focus on their studies without the burden of financial stress.

Upon graduation, students can expect a favorable job outlook. The healthcare industry is continually evolving, with a strong emphasis on the need for certified professionals in medical billing and coding. According to the Bureau of Labor Statistics, the demand for medical records and health information technicians is projected to grow significantly in the coming years. This translates into a higher likelihood of job placement and competitive salaries for graduates of the Medical Insurance Specialist program.

Moreover, graduates can expect a swift return on their investment. Many entry-level positions in medical billing and coding offer competitive starting salaries, and with experience, professionals can see their earnings increase substantially. The skills acquired during the program are not only applicable in traditional healthcare settings but also in insurance companies, government agencies, and other organizations that require medical insurance expertise.

In conclusion, the Medical Insurance Specialist Degree from Central Arizona College is a smart investment for aspiring healthcare professionals. With a strong curriculum, affordable tuition, and a positive job outlook, students can anticipate a significant return on their educational investment, paving the way for a successful and fulfilling career in the medical insurance field.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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